News: Finance
Rugby Australia faces $30million lawsuit from Melbourne Rebels
Rugby Australia took control of the Super Rugby team Melbourne Rebels in January 2024 when the Franchise was placed into voluntary administration after accruing debts of almost...
Oct 9, 2024
Events /
Sport /
Legal /
Finance
New valuation of AFL and NRL brands shows Collingwood as Australia’s most valuable property
A new report into the value of AFL and NRL brands from leading brand valuation consultancy Brand Finance has revealed that Collingwood is Australia's most valuable sports club...
Oct 8, 2024
Sport /
Marketing /
Finance
54 becomes partnership sales agent for NBL’s Illawarra Hawks
Global sports and entertainment agency 54 has expanded its Australian portfolio by becoming a partnership sales agent for the National Basketball League’s Illawarra Hawks From...
Oct 8, 2024
Sport /
Marketing /
Finance
Global tourism industry economic contribution grows faster than its environmental impact
The World Travel & Tourism Council’s (WTTC) 24th Global Summit is underway in Perth and has revealed a significant decrease in tourism’s climate footprint emissions. A key...
Oct 8, 2024
Events /
Tourism /
Finance /
Environment
TTF welcomes NSW Government’s $91 billion vision to enhance tourism landscape
Tourism & Transport Forum (TTF) Australia has welcomed the NSW Government’s bold, new target to propel the NSW visitor economy to $91 billion by 2035. The NSW Government’s...
Oct 8, 2024
Tourism /
Culture /
Finance /
Government
Tropical North QLD tourism revival supported by $15 million boost
The Australian Government’s $15 million International Tourism Recovery Program has boosted a resurgence in international visitors to Tropical North Queensland. The program has...
Oct 7, 2024
Marketing /
Tourism /
Finance /
Government
Asian volleyball competitions attracted US$38 million in sponsorship in 2023
Asia’s elite volleyball competitions generated US$38.4 million in sponsorship, making it the 11th ranked regional sport sponsorship platform - despite volleyball accounting for...
Oct 6, 2024
Sport /
Marketing /
Finance
Flagship Fitness First club to close after 20 years
The Fitness First Platinum Gym in the Westfield Shopping Centre at Sydney’s Bondi Junction is to close after the group failed to secure a lease for the facility. The club,...
Oct 4, 2024
Finance /
Retail /
Fitness
Viva Leisure trading update advises of membership numbers exceeding 400,000 and 7.8 million visits in last quarter
Viva Leisure Limited, Australia’s second largest health club owner and operator has revealed that in the first quarter of the current financial year its membership numbers...
Oct 3, 2024
Finance /
Technology /
Fitness
A-League Central Coast Mariners partners with GambleAware to stand against betting advertising
A-League Central Coast Mariners FC has announced a new Reclaim the Game partnership with GambleAware aimed at enhancing the fans’ experience by removing sports betting...
Oct 3, 2024
Sport /
Marketing /
Finance /
Wellness
NSW sports secure record funding
The NSW Government has advised that it is to fund sporting organisations in the state with “record funding” with a commitment of $20 million over the next two years - of which...
Oct 1, 2024
Sport /
Finance /
Recreation /
Government
Colossal Foundation attracts $50 million of secured funding for species conservation
USA breakthrough genetic engineering and de-extinction company, Colossal Biosciences, has today announced the formation of The Colossal Foundation and the initial flagship...
Oct 1, 2024
Education /
Finance /
Environment
Sport Manawatū launches new fund to remove barriers to sport and active recreation participation
Sport Manawatū, in partnership with the New Zealand Community Trust (NZCT), has announced the launch of the NZCT Manawatū Active Communities Fund. This fund, aimed at removing...
Oct 1, 2024
Sport /
Finance /
Recreation
Christchurch’s Hornby Centre saves with solar
Christchurch City Council’s newest library and pool facility at Kyle Park in Hornby will save around $90,000 annually from 625 new solar panels installed on the Hornby Centre’s...
Sep 30, 2024
Finance /
Recreation /
Technology /
Aquatics /
Environment
UK sporting executives to address dinner event at NSC Sports Investment Summit
Set to explore how Australia can transform sport to attract greater investments, the upcoming NSC Sports Investment Summit is to address pressing questions about whether the...
Sep 29, 2024
Sport /
Finance /
Recreation
Play Our Way sport funding to be shared among 120 recipients
The Federal Government is offering $55 million in grants to over 120 recipients aimed at helping women and girls across Australia to find it easier and more enjoyable to play...
Sep 27, 2024
Sport /
Finance /
Government
Corowa Aquatic Centre announces successful 2023/24 financial year
The Corowa Aquatic Centre, located in Corowa - the largest town in the Federation Council located on the banks of the Murray River - has announced a successful 2023-2024...
Sep 26, 2024
Finance /
Aquatics
Tasmanian sports and activity providers urged to register for Ticket to Wellbeing program
Tasmanian sports and activity providers are being encouraged to register their interest for a Tasmanian Government initiative designed to empower older Tasmanians to be active....
Sep 26, 2024
Sport /
Finance /
Wellness /
Government /
Fitness
New study indicates brand investment as crucial to women’s football development
A study into women’s football from international payments network Visa, has found 70% of fans believe brands help boost the visibility of the game with 67% believing that brands...
Sep 25, 2024
Sport /
Marketing /
Finance
Vinyl Group announces acquisition of Funkified Entertainment
Vinyl Group, Australia’s only ASX-listed music Company, has announced that it has executed a binding Heads of Agreement to acquire end-to-end events and brand activations...
Sep 25, 2024
Events /
Finance /
Entertainment
Dreamworld announces new King Claw ride
Gold Coast theme park Dreamworld has revealed a new ride from international attractions manufacturer Intamin that will replace its popular The Claw. Announced overnight during...
Sep 24, 2024
Tourism /
Finance /
Attractions
Tasmanian Parliament hears that cost of three-storey car park excluded from budget for new Hobart Stadium
The cost of building an underground car park inside Hobart's planned AFL stadium has not been factored into its cost estimate, a Tasmanian parliamentary hearing has been told....
Sep 24, 2024
Sport /
Finance /
Government /
Venues
NSW Visitor Economy generates $52.9 billion in expenditure
NSW is celebrating another record-breaking year for its visitor economy, with total visitor expenditure reaching a new high of $52.9 billion with the state achieving the status...
Sep 24, 2024
Marketing /
Tourism /
Finance /
Attractions
Evolt raises $20 million in new capital to drive international expansion
Fitness technology company Evolt has raised $20 million in fresh capital to drive international growth ahead of a potential stock market listing. The Gold Coast-based company,...
Sep 24, 2024
Finance /
Wellness /
Technology /
Fitness